ICICIDirect Vs HDFC Securities Share Broker Comparison
The side-by-side comparison of ICICI Securities Pvt Ltd. and HDFC Securities Ltd stock brokers in India. The comparison below highlights the similarities and differences between ICICIDirect and HDFC Securities's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among ICICIDirect and HDFC Securities.
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ICICI Securities Pvt Ltd. |
HDFC Securities Ltd |
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| About the Broker |
ICICIdirect is a retail trading and investment service from ICICI Securities, the largest retail stock broker firm in India offering a wide range of investment options to the retail and institutional customers. ICICI Securities is part of ICICI Group...  |
HDFC Securities(HDFCsec) is Equity Trading Company of HDFC Bank. HDFC Securities provide both online trading and trading on phone. The HDFC Securities trading account has a unique 3-in-1 feature that integrates your HDFC Securities trading account wi... |
Type of Broker
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Full Service Broker |
Full Service Broker |
| Supported Exchnage
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BSE, NSE |
BSE, NSE |
| Account Type
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3-in-1 Account (I-Secure Plan) |
Online Trading |
| Broker Enquiry |
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Stock Broker Fees / Charges
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ICICI Securities Pvt Ltd. |
HDFC Securities Ltd |
| Trading Account Opening Fees
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Rs 975 |
₹999 |
| Trading Account AMC
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NIL |
₹0 |
| Demat Account Opening Fees
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NIL |
₹0 |
| Demat Account AMC
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Rs 600 |
₹750 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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ICICI Securities Pvt Ltd. |
HDFC Securities Ltd |
| Account Type |
3-in-1 Account (I-Secure Plan) |
Online Trading |
| Fixed Charges
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| Equity Delivery Brokerage
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0.55% |
0.50% |
| Equity Intraday Brokerage
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0.275% |
0.10% |
| Equity Futures Brokerage
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0.05% to 0.03% |
0.05% |
| Equity Options Brokerage
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Rs 95 to Rs 35 per lot |
₹100 |
| Currency Futures Trading Brokerage
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0.050% to 0.030% |
₹23 per contract |
| Currency Options Trading Brokerage
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Rs 25 to Rs 10 per lot |
₹23 per contract |
| Commodity Trading Brokerage
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NA |
NA |
Brokerage Plan 2
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ICICI Securities Pvt Ltd. |
HDFC Securities Ltd |
| Account Type |
I-Saver Plan |
Online Trading |
| Fixed Charges
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NA |
| Equity Delivery Brokerage
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0.75% to 0.25% |
0.50% |
| Equity Intraday Brokerage
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0.75% to 0.25% |
0.10% |
| Equity Futures Brokerage
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0.05% to 0.03% |
0.05% |
| Equity Options Brokerage
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Rs 95 to Rs 65 per lot |
₹100 |
| Currency Futures Trading Brokerage
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0.05% to 0.03% |
₹23 per contract |
| Currency Options Trading Brokerage
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Rs 95 to Rs 65 per lot |
₹23 per contract |
| Commodity Trading Brokerage
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NA |
NA |
Other Charges
| Minimum Brokerage Charges
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Rs 35 per trade |
₹25 |
| Other Brokerage Charges
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| Call & Trade Charges
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₹0 |
Taxes
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ICICI Securities Pvt Ltd. |
HDFC Securities Ltd |
| Securities Transaction Tax (STT)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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ICICI Securities Pvt Ltd. |
HDFC Securities Ltd |
| Equity Delivery
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NSE: 0.0031% | BSE: 0.0028% |
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| Equity Intraday
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NSE: 0.0031% | BSE: 0.0028% |
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| Equity Futures
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0.0018% |
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| Equity Options
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0.05% on Premium |
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| Currency Futures
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0.0012% |
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| Currency Options
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0.05% on Premium |
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| Commodity
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NA |
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Exposure
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ICICI Securities Pvt Ltd. |
HDFC Securities Ltd |
| Equity Delivery
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| Equity Intraday
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| Equity Futures
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| Equity Options
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| Currency Futures
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| Currency Options
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| Commodity
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Share Broker Features
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ICICI Securities Pvt Ltd. |
HDFC Securities Ltd |
| 3 in 1 Account
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| Mobile Trading
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| Charting
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| Automated Trading
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| After Trading Hour Orders
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| Good Till Cancelled (GTC)
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Combined Ledger for Equity and Commodity
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| Trading Platform
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Trade Racer |
Blink |
| Intraday Square-off Time
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3:30PM |
| Other Features
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Broker Ratings (Average User Rating)
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ICICI Securities Pvt Ltd. |
HDFC Securities Ltd |
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382 Customer Reviews  |
158 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
ICICIDirect is Rated 2.5 / 5 based on 382 customer reviews |
HDFC Securities is Rated 2.2 / 5 based on 158 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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ICICI Securities Pvt Ltd. |
HDFC Securities Ltd |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Insurance |
Customer Service Offered
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ICICI Securities Pvt Ltd. |
HDFC Securities Ltd |
| 24/7 Customer Service
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| Email Support
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| Onine Live Chat
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| Phone Support
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| Toll Free Number
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| Through Branches
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Research / Tips / Reports Published
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ICICI Securities Pvt Ltd. |
HDFC Securities Ltd |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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ICICI Securities Pvt Ltd. |
HDFC Securities Ltd |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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ICICI Securities Pvt Ltd. |
HDFC Securities Ltd |
| Pros
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- Offers 3-in-1 account which makes stock market investment very easy for casual investors.
- Wide range of investment options available under one portal.
- Provides a low bandwidth website which works well where internet connection is slow.
- GTC (good till cancellation) and off-market hours order placement facility is very useful.
More Advantages... |
- The 3-in-1 account, which includes HDFC Bank Account, HDFC Securities Trading Account and HDFC Securities Demat Account, is the best offering for retail investors in India as it provides easiest way to invest in stock market and other financial instruments.
More Advantages... |
| Cons
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- ICICI Security charges highest brokerage in comparison to most of the retail brokers in India.
- Very high 'minimum brokerage' of Rs 35 per trade or 2.5% of the trade value whichever is lower.
- Poor performance of website is reported in peak hours of trading.
- Trading Terminal (Trade Racer) cost Rs 75 per month if brokerage paid in a month is less then Rs 750.
- Demat Account is mandatory.
- Commodity trading is not available for retail investors.
- Call & trade cost extra Rs 25 per call after first 20 free calls in a month.
More Disadvantages... |
- In addition to opening a trading account with HDFC Securities Ltd, you will also be required to open a savings bank account (quarterly minimum balance of Rs. 5000) and a DP (depository participant) account with HDFC Bank.
- Very high brokerage charges
- Doesn't offer commodity trading
- Charge minimum brokerage of ₹25
More Disadvantages... |
| Reviews
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| Promo / Offers
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Demat Account AMC Waived for 1st Year
₹750 demat account fee is waived when you open your 3-in-1 account. |
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Enquire about HDFC Securities
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| Compare More Brokers |
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Zerodha
Zero Account Opening Fee
